Tag: dairynews7x7

 Chocolates in demand amid stress, inflation: Mondelez 

Mondelez India, the country’s biggest confectionery maker, said there has been a strong volume growth in chocolate sales, bucking the slowdown trend in the overall market and indicating consumers could be turning to comfort food in a time of stress and inflation.”We see a lot of growth being fired by double-digit volume, which is quite…

EU dairy forecasts “uncertain” 2023 as milk availability is not abundant”

European dairy trading body Eucolait underscores the moral necessity of the block sharing its milk supply, albeit scarce, via free market trade at a time when societies grapple with post-pandemic headwinds, rampant inflation, supply chain shocks and the ongoing war in Ukraine. Despite the EU milk industry facing declining volumes, trade experts call for the…

Competition for dairy is from fake chemical products

“I see stability in the dairy prices and the market. There may be a small increase but the situation is tight in dairy supply because demand is much more than what the organised sector is able to meet. The pre Covid level was much higher than the pre Covid level. It is good for the…

India facing deficit of green, dry fodder: Rupala

The country is facing deficit of 23.4 per cent in dry fodder, according to the Union Ministry of Fisheries, Animal Husbandry and Dairying. In a reply in the Lok Sabha on Tuesday, Parshottam Rupala said the ICAR — Indian Grassland and Fodder Research Institute (IGFRI), Jhansi, has estimated that there is deficit of 11.24 per…

Tamil Nadu CM MK Stalin inaugurates Aavin ice-cream plant in Salem

Tamil Nadu Chief Minister M K Stalin inaugurated the state owned Aavin ice-cream factory established at a cost of Rs 12.26 crore in Salem on Tuesday. The state-of-the-art facility, virtually inaugurated by the Chief Minister from the secretariat here, can produce 6,000 pieces of ice-creams in the form of cone and cup in various flavours…

Enzyme makers Novozymes and Chr. Hansen to merge

Danish food ingredients and enzymes makers Novozymes (NZYMb.CO) and Chr. Hansen (CHRH.CO) have agreed to merge, the two companies said in a joint statement on Monday. While both companies’ main business is producing enzymes, Chr. Hansen focuses more on enzymes and microbials for the food sector, while Novozymes’ largest business areas include enzymes for household products, food and beverages…

Bel adds more alternative dairy products to portfolio

The Bel Group and Bel Brands USA announced Dec. 8 the launch of two new alternative dairy options: Nurishh animal-free cream cheese spread and The Laughing Cow Plant-Based. Bel created its Nurishh Incredible Dairy Animal Free Cream Cheese Spread Alternative in collaboration with Perfect Day, Berkeley, Calif., which developed a precision-fermented protein for use in…

Assam: Purabi Dairy hikes milk procurement rate

Bringing cheers to thousands of dairy farmers, West Assam Milk Producers’ Cooperative Union Ltd (WAMUL) on Monday said it has hiked the milk procurement rate by Rs 2 per kg with immediate effect. The decision by the Guwahati-based cooperative, which markets milk and milk products under the Purabi Dairy brand, will directly benefit around 25,000…

Parle Agro’s quest for ₹10 price point in scaling dairy milk beverages

In 2021, home-grown beverage manufacturer, Parle Agro (maker of Frooti and Appy Fizz) entered the dairy-based beverage business with the launch of Smoodh, its flavoured milk brand. Not only has the company extended Smoodh to yogurt-based beverages, joint managing director Nadia Chauhan is confident that her portfolio of dairy beverages would contribute 50% of the…